Archive for the 'Henry Paulson' Category

Who woulda thunk it? W and Hank are going to help out their socialist pals.

Saturday, October 18th, 2008

Wall Street banks in $70bn staff payout
Pay and bonus deals equivalent to 10% of US government bail-out package

* Simon Bowers
* The Guardian,
* Saturday October 18 2008

Financial workers at Wall Street’s top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is expected to be paid in discretionary bonuses, […]